# Lio

> Agentic AI platform automating enterprise procurement workflows end-to-end.

## Why it is interesting

Lio (formerly askLio) deploys AI agents as a virtual procurement workforce — a16z-led $30M Series A (Mar 2026) as enterprises look to cut the $180B+ spent on procurement headcount vs. software.

## Profile

- **Stage:** series-a
- **Status:** private
- **Industries:** enterprise-saas, ai-ml
- **Coverage:** full
- **Last updated:** 2026-07-24

## Key facts

- Series A (Mar 2026): $30M led by a16z; SV Angel, Harry Stebbings, Y Combinator named (PR Newswire/TechCrunch)
- Co-investors: YC and SV Angel not in VCT directory — no additional institutional investors disclosed in public sources reviewed 2026-07-24

## Investors in our directory

- https://venturecapitaltracker.com/fund/andreessen-horowitz

## Related articles

- https://venturecapitaltracker.com/2026-a16z-hot-portfolio-companies

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Source: https://venturecapitaltracker.com/startup/lio